$1,585,000
SOLD AUG 31, 2018

123 Catamaran St Marina Del Rey, CA 90292

2 Beds
2.5 Baths
892 Sq Ft
2,714 Sq Ft Lot

Recently Sold

$1,777 Per Sq Ft

6% Below List Price

36 Days on Market

Highlights

  • Guest House
  • Wood Flooring
  • Cottage
  • Coeur D'Alene Avenue Elementary School Rated A-
  • No HOA
  • Breakfast Area or Nook

About This Home

As of August 2023

Bright & sunny 2bed/1bath beach cottage, 1 ½ blocks from the beach & sand. Updated throughout while maintaining its 1915 bungalow charm. Great curb appeal w/ flagstone entry & sunflower yellow exterior. Inviting interior w/ warm colors, hardwood flrs & nice finishes. Open living rm/dining rm bathed in natural light w/ lots of windows, skylights & vaulted ceilings. Kitchen w/ bar seating, granite counters, stainless steel appliances. Remodeled bathroom w/ spa tub & shower. Rear bedroom opens to quaint deck overlooking enclosed yard. Separate secluded studio w/ bathroom has its own covered patio. There's even an outdoor shower, ideal after a day at the beach. 1-car garage + 4 additional parking spots. Prime location, close to beach, marina, canals, boardwalk, & trendy restaurants & boutique shops of MDR & Venice. With its coveted locale & R3-zoning, this exceptional property is a rare opportunity for developers, AirBnB entrepreneurs, or those who want to enjoy beach living at its finest!

Last Agent to Sell the Property

Pete Castro

Compass License #01161881 Listed on: 07/05/2018

Compass

Co-Listed By

Toni Patillo

eXp Realty of California Inc License #01313287

Last Buyer's Agent

Jessica Crater

Coldwell Banker-Campbell Rltrs License #01987950

Coldwell Banker-Campbell Rltrs

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,949

Year Built

  • Built in 1915

Lot Details

  • 2,714 Sq Ft Lot
  • Property is zoned LAR3

Home Design

  • Cottage

Interior Spaces

  • 892 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Area
  • Laundry Located Outside

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Studio bedroom
  • Walk-In Closet

Parking

  • 5 Parking Spaces
  • Driveway

Additional Features

  • Open Patio
  • Guest House
  • Floor Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4225-004-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,949

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cottage
  • Street Number Display: Yes
  • Living Area: 892
  • Planned Urban Dev: 0
  • Stories: 1
  • Year Built: 1915
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet, Outside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Range/Oven, Refrigerator
  • Price Per S Q F T: 1892.38

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Driveway, Garage - 1 Car
  • Total Parking: 5

Utilities

  • Heating: Floor Furnace

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4225-004-011
  • Geocode Override: No
  • Lot Size Area: 2714

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2023
Closed on
Aug 7, 2023
Sold by
Krajbich Ian Michael and Shafaat Hannah Syeda
Bought by
Krajbich Ian Michael and Shafaat Hannah Syeda
Seller's Agent
Jennifer Portnoy
Compass
Buyer's Agent
Deborah Weiss
Compass
List Price
$1,999,000
Sold Price
$1,900,000
Premium/Discount to List
-$99,000
-4.95%
Views
112
Current Estimated Value
$1,992,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,190
Avg. Annual Appreciation
3.08%
Original Mortgage
$1,425,000
Outstanding Balance
$1,397,322
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$616,786

Purchase Details

Listed on
May 19, 2023
Closed on
Jul 17, 2023
Sold by
Schaumburg Prince
Bought by
Krajbich Ian Michael and Sahfaat Hannah Syeda
Seller's Agent
Jennifer Portnoy
Compass
Buyer's Agent
Deborah Weiss
Compass
List Price
$1,999,000
Sold Price
$1,900,000
Premium/Discount to List
-$99,000
-4.95%
Views
112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,425,000
Outstanding Balance
$1,397,322
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$616,786

Purchase Details

Listed on
Jul 5, 2018
Closed on
Aug 21, 2018
Sold by
Jaffess Shephard Matthew
Bought by
Schaumburg Prince
Seller's Agent
Pete Castro
Compass
Buyer's Agent
Jessica Crater
Coldwell Banker-Campbell Rltrs
List Price
$1,688,000
Sold Price
$1,585,000
Premium/Discount to List
-$103,000
-6.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.75%
Original Mortgage
$1,268,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2017
Sold by
Jaffess Shephard Matthew
Bought by
Jaffess Shephard Matthew

Purchase Details

Closed on
Oct 11, 2011
Sold by
Hsbc Bank Usa National Association
Bought by
Grey Gerald and The Gerald Grey Trust

Purchase Details

Closed on
Mar 10, 2010
Sold by
Yeganehafra Faramarz
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Apr 18, 2007
Sold by
Yeganehafra Faramarz
Bought by
Jfry Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$860,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2007
Sold by
Jfry Properties Llc
Bought by
Yeganehafra Faramarz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$860,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2006
Sold by
Roshan Kashani Joseph
Bought by
Jfry Properties Llc

Purchase Details

Closed on
Oct 17, 2005
Sold by
Yeganeh Afra Behnaz
Bought by
Yeganehafra Faramarz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,500
Interest Rate
5.74%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 29, 2005
Sold by
Chen Beverly
Bought by
Roshan Kashani Joseph and Yeganehafra Faramarz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,500
Interest Rate
5.74%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 4, 1998
Sold by
Chen Beverly
Bought by
Chen Beverly and Xiong Shanjun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.95%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Fidelity National Title
Grant Deed $1,900,000 Fidelity National Title
Grant Deed $1,585,000 Lawyers Title Company
Warranty Deed -- Lawyers Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $636,006 Landsafe Title
Trustee Deed $697,500 Landsafe Title
Quit Claim Deed -- Lawyers Title Company
Interfamily Deed Transfer -- Lawyers Title
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- Equity Title Company
Grant Deed -- Equity Title Company
Gift Deed -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,425,000 New Conventional
Previous Owner $1,300,900 New Conventional
Previous Owner $1,268,000 New Conventional
Previous Owner $860,000 New Conventional
Previous Owner $95,500 Credit Line Revolving
Previous Owner $764,000 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $280,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2023 08/18/23 For Sale $1,999,000 +5.2% $1,550 / Sq Ft
08/04/2023 08/04/23 Sold $1,900,000 0.0% $1,473 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
06/14/2023 06/14/23 Off Market $1,900,000 -- --
05/19/2023 05/19/23 For Sale $1,999,000 +26.1% $1,550 / Sq Ft
08/31/2018 08/31/18 Sold $1,585,000 -6.1% $1,777 / Sq Ft
08/10/2018 08/10/18 Pending -- -- --
07/05/2018 07/05/18 For Sale $1,688,000 -- $1,892 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $22,949 $1,900,000 $1,520,000 $380,000
2023 $20,458 $1,699,437 $1,359,551 $339,886
2022 $19,496 $1,666,116 $1,332,894 $333,222
2021 $19,263 $1,633,448 $1,306,759 $326,689
2019 $18,678 $1,585,000 $1,268,000 $317,000
2018 $20,377 $1,695,000 $1,440,000 $255,000
2016 $8,050 $674,819 $604,792 $70,027
2015 $7,931 $664,684 $595,708 $68,976
2014 $7,959 $651,664 $584,039 $67,625
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-360902

The MLS

APN: 4225-004-011